OppFi Inc. (NYSE:OPFI) Shares Bought by WINTON GROUP Ltd

WINTON GROUP Ltd lifted its holdings in OppFi Inc. (NYSE:OPFI - Free Report) by 173.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,402 shares of the company's stock after acquiring an additional 34,538 shares during the quarter. WINTON GROUP Ltd owned 0.06% of OppFi worth $417,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in OPFI. Charles Schwab Investment Management Inc. increased its holdings in OppFi by 8.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 54,359 shares of the company's stock valued at $416,000 after buying an additional 4,398 shares in the last quarter. Jane Street Group LLC increased its stake in shares of OppFi by 28.9% in the 3rd quarter. Jane Street Group LLC now owns 25,842 shares of the company's stock valued at $122,000 after purchasing an additional 5,795 shares in the last quarter. Bank of New York Mellon Corp boosted its position in OppFi by 22.4% during the fourth quarter. Bank of New York Mellon Corp now owns 34,156 shares of the company's stock worth $262,000 after purchasing an additional 6,242 shares in the last quarter. American Century Companies Inc. grew its holdings in OppFi by 30.8% in the fourth quarter. American Century Companies Inc. now owns 33,846 shares of the company's stock valued at $259,000 after purchasing an additional 7,974 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in shares of OppFi during the 3rd quarter worth approximately $60,000. Hedge funds and other institutional investors own 7.10% of the company's stock.

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OppFi Trading Down 14.6 %

OPFI traded down $1.31 on Friday, hitting $7.65. 631,029 shares of the company's stock were exchanged, compared to its average volume of 760,414. OppFi Inc. has a fifty-two week low of $2.38 and a fifty-two week high of $17.73. The stock has a market cap of $661.34 million, a price-to-earnings ratio of 48.56 and a beta of 1.63. The firm has a 50-day moving average price of $11.41 and a 200-day moving average price of $8.37.

OppFi (NYSE:OPFI - Get Free Report) last announced its quarterly earnings data on Wednesday, March 5th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.09. OppFi had a net margin of 1.40% and a return on equity of 35.04%. The company had revenue of $135.72 million during the quarter, compared to analysts' expectations of $133.50 million. During the same quarter in the prior year, the company earned $0.10 EPS. On average, equities analysts predict that OppFi Inc. will post 0.86 EPS for the current year.

OppFi Dividend Announcement

The business also recently disclosed a special dividend, which will be paid on Friday, April 18th. Investors of record on Tuesday, April 8th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, April 8th.

Insiders Place Their Bets

In other news, Director Theodore G. Schwartz sold 79,762 shares of the stock in a transaction on Friday, March 14th. The stock was sold at an average price of $9.13, for a total transaction of $728,227.06. Following the completion of the transaction, the director now directly owns 186,737 shares in the company, valued at approximately $1,704,908.81. This represents a 29.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David Vennettilli sold 30,762 shares of the business's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $9.09, for a total transaction of $279,626.58. Following the completion of the sale, the director now owns 90,762 shares in the company, valued at approximately $825,026.58. This trade represents a 25.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 687,653 shares of company stock valued at $6,626,927. Insiders own 84.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on OPFI shares. JMP Securities cut shares of OppFi from an "outperform" rating to a "market perform" rating in a research report on Wednesday, February 12th. Citizens Jmp lowered shares of OppFi from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Finally, Northland Securities set a $13.00 price objective on OppFi in a research note on Thursday, March 6th.

OppFi Profile

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.